Indiamart Intermesh stock soars 9% on share buyback, Q1 results

Jul 21, 2023 · Indiamart Intermesh announced its intention to buyback 12,50,000 shares worth up to Rs 500 crore at a per share price of Rs 4,000, a 38 per cent premium over Thursday's …

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Indiamart Intermesh Stock Soars 9% On Share Buyback, Q1 Results

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Jul 21, 2023 · Indiamart Intermesh announced its intention to buyback 12,50,000 shares worth up to Rs 500 crore at a per share price of Rs 4,000, a 38 per cent premium over Thursday's …

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IndiaMart Q1 Results: Net Profit Rises 77% To Rs 83 Crore

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Jul 20, 2023 · IndiaMart Q1 results: Net profit rises 77% to Rs 83 crore; co announces Rs 500 crore share buyback IndiaMart Intermesh's shares jumped 1.31 percent to Rs 2,911 on the …

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Indiamart Intermesh Q1 Earnings: IndiaMart InterMesh Q1 Results: …

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Jul 20, 2023 · Revenue from operations jumps 26% to Rs 282 crore for the April-June period, as against Rs 225 crore in the same period of last year. The buyback size represents 2% of the …

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IndiaMart InterMesh Q1 Results: Net Profit Soars 78% YoY To Rs 83 …

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Jul 20, 2023 · IndiaMart InterMesh Q1 Results: Net profit soars 78% YoY to Rs 83 crore; co approves Rs 500 crore-buyback ... Share buyback reduces the number of shares available in …

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Indiamart Intermesh Quarterly Results, Indiamart Intermesh …

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21.10.2024. Indiamart Inter Standalone September 2024 Net Sales at Rs 331.80 crore, up 18.2% Y-o-Y. 21.10.2024. Indiamart Intermesh shares tank 19% on Jefferies' downgrade despite …

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IndiaMART Shares Fall Over 6% On Adding Fewer Subscribers

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Jul 31, 2024 · Ambit has a "buy" recommendation on IndiaMART with a price target of ₹3,656.2 Out of the 23 analysts that have coverage on IndiaMART, 14 of them have a "buy" …

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IndiaMart InterMesh Q1 Results: Net Profit Soars 78% YoY To Rs …

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Jul 20, 2023 · IndiaMart InterMesh Q1 Results: Net profit soars 78% YoY to Rs 831 crore; co approves Rs 500 crore-buyback. ... The buyback size represents 2% of the total equity of the …

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Indiamart Intermesh Shares Rally 9% Despite Cut In EPS Estimates …

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Jan 19, 2024 · Indiamart Intermesh shares rally 9% despite cut in EPS estimates post Q3 results; here're new target prices ... the stock rose 9.47 per cent to hit a high of Rs 2,706.45 on BSE.

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IndiaMart InterMesh Shares Surge 8% On Strong Q1 Results And …

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Jul 21, 2023 · The Board of IndiaMart InterMesh has given the go-ahead for a buyback plan to repurchase 12.5 lakh equity shares, with a total value not exceeding Rs 500 crore. The …

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Indiamart Approves Share Buyback Of Rs 500 Cr At 37% Premium

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Jul 21, 2023 · On Thursday, IndiaMART InterMESH Ltd, a mid-cap consumer discretionary firm, announced a share buyback of Rs 500 Cr in addition to announcing its Q1 results. According …

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IndiaMART InterMESH Stock Zooms 10% After Reporting 78% Rise …

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Jul 21, 2023 · At the time of writing, IndiaMART InterMESH's share price traded at a new 52-week high of Rs 3,180 apiece, up by Rs 280.70 or 9.68% on BSE. At the current market price, the …

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Retail Stock IndiaMart InterMesh Skyrockets 9% After Q4

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May 2, 2024 · Shares of IndiaMart Climbed 9% on Thursday in its shares following the announcement of its fourth-quarter financial results for the fiscal year 2024. The company …

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IndiaMART InterMESH Limited Announces Strong Q2FY25 Results …

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Oct 19, 2024 · Net Profit Margin Expands to 32% with EBITDA Margin Reaching 36%. Standalone revenue grows by 18%, closing at INR 332Cr. Noida, India, October 19, 2024: IndiaMART …

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FAQs about Indiamart Intermesh stock soars 9% on share buyback, Q1 results Coupon?

Why did IndiaMART InterMESH stock rise 9 per cent?

Shares of Indiamart Intermesh climbed 9 per cent in Friday's trade after the company board approved a Rs 500 crore share buyback proposal. The stock also gained as Indiamart Intermesh reported a 78 per cent year-on-year (YoY) rise in consolidated net profit at Rs 83 crore on a 26 per cent YoY rise in sales at Rs 282 crore. ...

How did IndiaMART InterMESH perform in the first quarter?

IndiaMart InterMesh's consolidated net profit jumped 78% to Rs 83 crore for the first quarter ended June. It was Rs 47 crore in the year-ago period. Revenue from operations jumped 26% to Rs 282 crore for the April-June period, as against Rs 225 crore in the same period of last year. ...

What is IndiaMART InterMESH buyback size?

The buyback size represents 2% of the total equity of the company and 24.33% of free reserves based on the last audited financial statements for the period ended June 2023. IndiaMart InterMesh's consolidated net profit jumped 78% to Rs 83 crore for the first quarter ended June. It was Rs 47 crore in the year-ago period. ...

Will IndiaMART InterMESH buy back 1250,000 shares?

Indiamart Intermesh announced its intention to buyback 12,50,000 shares worth up to Rs 500 crore at a per share price of Rs 4,000, a 38 per cent premium over Thursday's closing price. The buyback will be through the tender offer route and will extinguish 2.04 per cent of the total outstanding shares. ...

How did IndiaMART InterMESH perform on BSE?

The stock also gained as Indiamart Intermesh reported a 78 per cent year-on-year (YoY) rise in consolidated net profit at Rs 83 crore on a 26 per cent YoY rise in sales at Rs 282 crore. The numbers were led by a 16 per cent increase in number of paying subscription suppliers The stock jumped 8.62 per cent to hit a high of Rs 3,149.30 on BSE. ...

Should you buy IndiaMART InterMESH?

Brokerage ICICI Securities has recommended buying. At the time of writing, IndiaMART InterMESH's share price traded at a new 52-week high of Rs 3,180 apiece, up by Rs 280.70 or 9.68% on BSE. At the current market price, the company's valuation is around Rs 19,445 crore. ...